Bill Lerach one the most feared corporate lawyers who started a class action against Harley-Davidson was sentenced to two years in prison, fined $250,000 and barred forever from practicing law. He operated a kick-back scheme that bribed shareholders to act as lead plaintiffs in class-action lawsuits he initiated against by corporations. In 2005, Bill Lerach sued Harley-Davidson accusing the company’s senior management of pushing US Harley Dealers with excessive inventory to inflate the company financial results and send the Harley share price up. Under his allegations the Harley-Davidson Directors were then selling share options for top dollars. Harley-Davidson denied and refused the trap of setting the lawsuit out of court. The SEC, the US stock market regulatory authority, investigated the allegations and decided that there wasn’t much substancein this Haley-davidson lawsuit. As the opposite of what he expected, Bill Lerach ends up in jail and has also to pay $7.75m in damages.